Skip to main content

About your Search

20131202
20131210
STATION
CSPAN2 5
CSPAN 4
CNNW 1
LANGUAGE
English 13
Search Results 0 to 12 of about 13
Bloomberg
Dec 5, 2013 4:00am EST
was expected. that has affected the fiscal position. by this time, the forecast was that the budget deficit would be 60 billion pounds. it is 120 billion pounds. that was supposed to start coming down in 2015. it will not peak until two years later. the fact that the economy has not recovered as fast as projected has caused the budget deficit problem to become much worse than it would've been had the economy grow faster. you might say that was just bad luck. i think the slow recovery, almost lack of recovery for two years, was a result of the austerity policy. a recovery,we have does austerity make more sense? placet faith can we in the new forecast? we were supposed to grow two point four percent this year. it will be about 0.8%. >> they are revising the incomes around 1.5%. >> ok. things are improving. then you go forward to the next year in the year after. then you have to ask what are the drivers of a broad-based recovery going to be? i think that it is very narrow. prices, assets, and some parts of the country. >> the government has announced plans to spend more on infrastructure. do y
CNN
Dec 5, 2013 2:00am PST
an end to the war on budget deficits and pledging to fight the deficit of opportunity for the poor and middle class. in a speech wednesday on his economic priorities, the president said the federal deficit is under control and doesn't present a serious threat to the economy. he focused on the gap between the rich and the poor and making the case for raising the minimum wage to more than $10. while extending unemployment benefits. >> we know that we're going to have greater and greater portion of our people in the service sector and we know that there are airport workers and fast food workers and nurse assistants and retail salespeople who work their tails off and are still living at or barely above poverty and that is why it's well past the time to raise a minimum wage that in real terms right now is below it was than when harry truman was in office. >> republican leaders quickly took issue with the president's poach. house speaker john boehner suggesting the president's policies created the very problems that he described. >> meanwhile republicans and democrats are trying to hamme
Bloomberg
Dec 5, 2013 1:00am EST
are critically and reduction of the deficit. he would reduce the deficit by 10%. the hope is he can do more on that. have a lot of married couples and free school meals for kids. of course, the tapering with energy -- what will the impact be? [laughter] >> we would not want you to be chilly. that was manus cranny live from westminster. we will bring you a speech -- osborne's speech live. >> the ecb will publish its decision following last month's surprise rate cut. focus will be on mario draghi. here witherro is details. >> it is hard to follow manus cranny. [laughter] let's talk about these forecast. a reason many people thought they would cut a rate this month and not last month. the rate cut would come with the company forecast. what we will get is something as bright as the u.k.'s forecast. they currently predict one percent growth for next year at inflation is at 1.3%. that is well below the 2% target. it is important. it might sound a long way off. we know that dally on swift guidance -- dalliance on guidance -- you might get some color on that. >> and deflation, is that justified? we
CSPAN
Dec 8, 2013 11:25pm EST
responsibility. >> there is a difference between short-term deficits and long-term deficits. the short-term deficits were largely inherited by barack obama and we need to recognize that some level are understandable and and to make it very clear to try to get the economy growing and to try to bring unemployment down. and then he pivoted this structural deficit and that is what threatens that. >> it is not the debt that's on the balance sheet, but it's what off the balance sheet and he talked about three things. he talked about freezing a portion of discretionary spending, less than 20% of the federal budget for three years, you know, three years are better than one and especially since spending has increased 20% or more over the last two years. >> there are lots of holes in that and they have to put a truck through it and it does provide some constraints that would be there. and thirdly he came out for a fiscal commission and this includes other spending restraints and tax reform that will terminate or revenues and i think it's important that we do it this year and to act before are me
CSPAN
Dec 4, 2013 6:00pm EST
-off family. which means by the time she starts school she is already behind. that deficit can compound itself over time. and finally rising inequality and declining mobility are bad for our democracy. ordinary folks can't write massive campaign checks or high-priced lobbyists and lawyers to secure policies that tilt the playing field in their family and at everyone else's expense. so people get the bad taste that the system is rigged. and that increases cynicism and polarization and it decreases the political participation that is a requisite part of our system of self-government. this is an issue that we have to tackle. if in fact the majority of americans agree that our number one priority is to restore opportunity and broad-based growth for all americans to question his why ask washington washington -- why his washington consistently failed to act? i think a big reason is the myths that have developed around the issue of inequality. first there is the myth but this is a problem restricted to a small share of predominantly minority people. this isn't a broad based problem or a black problem
CSPAN
Dec 4, 2013 7:00am EST
. caller: good morning, america. in 2008, obama came in. a budget deficit. $9.6 trillion deficit. in, america hired democrat congress, senate, president. they stuffed obama down our throats without any consent from republicans. here we are $17 trillion in debt. benghazi, mexico. people whove the believesnd what obama -- shutting down businesses. these democrats have done enough. harry reid has not passed a budget in this country in six years. where is the outrage there? we have no budget. where's the outrage? we are a country with no budget. you run your household with no budget? they are stealing the money to go back to the campaigns, to a democrats. wake up and look at the democrats -- facts. this guy's a socialist and that is what will be coming. god bless us all. host: former president bill clinton weighed in on the health care law i while ago, saying that the president should keep his pledge on if you like your you -- insurance you should keep it. was interviewed yesterday and asked about why he made those comments. [video clip] is it because you are setting the way for mrs. cli
CSPAN
Dec 2, 2013 2:30pm EST
budget, offering responsible solutions to address the budget deficit, cancel the sequester and grow the economy. last march we offered our budget for fiscal year 2014 as an alternative to the budget that was adopted by the house. the c.b.c. budget makes tough choices. but not at the expense of our most vulnerable communities. the c.b.c. budget offers a concrete plan that both cancels the economically disastrous sequester and then pays for that cancellation. our budget is able to do so while also protecting social security, medicare, medicaid, snap nutrition benefits and other vital safety net programs that protect millions of americans from poverty. c.b.c. budget also reduces the nation's budget deficit by approximately $2.8 trillion over the next decade, compared to the february baseline calculated by the congressional budget office. other ideas have been presented in the past to either cancel the sequester or reduce the deficit. they almost always include significant cuts to social security and medicare. these ideas have included changing the way the social security benefits are c
Al Jazeera America
Dec 4, 2013 4:00pm EST
not propose any initiatives during his speech. but he said a rapidly growing of deficit opportunity is a bigger threat than the fiscal. we'll go to danny, professor of economics, great to have you back. >> thank you. >> a pleasure, you heard just a moment ago, america's dangerously growing income is defining the challenge of our time. is the president correct, or is he, as some would say, overstating the income inequality and wealth gap argument with that kind of a statement? >> no, if anything there is an understatement. he's absolutely correct saying that it is a defining problem. and this problem has just--it has been exacerbated by global pressures. it is an issue that the white house--i had an opportunity to attend a summit at the white house by the president's council with economic advisers. it is an issue that has to be addressed in light of what is taking place in the economy. >> let's drill down an a bit. we had a conversation before we went to air. as concerned as you are about income inyou quality, you're even more concerned about the wealth gap. >> if you look at income
CSPAN
Dec 8, 2013 6:00pm EST
is that it is difficult. when you look at the deficit we have had, when you look at sequestration, it is obvious that we will be building smaller budgets. you do not see that reflected frequently in congress. we are still arguing to make sure we do not cut these things. always a small group when the pentagon says they're trying to decommission it, people say you cannot do that. the battle over the size of the national guard. congress has got to wake up and understand the budgets are getting smaller. that's just the way it is. let's make some intelligent decisions and scissor trying to defend every little piece of the budget. i think the pentagon tried to take a holistic approach. i hope they start to be more cooperative. ofsonnel costs have to part it. we can make sure that we have the training equipment necessary for the military. >> this budget that will be dropping is probably going to be the first one we have seen that will confirm with the caps we have seen in the budget control act. if adam smith were the secretary of defense, where would the cuts most heavily fall? we were talking about compensat
CSPAN
Dec 8, 2013 5:00am EST
-- finally, what do believe is the most likely impact on you every large federal budget deficit and debt in terms of your own personal financial situation. toin, i would draw your eye the two top scorers here, far and away. they're worrying about the andal year and higher taxes fewer opportunities for jobs or wage increases. the issue of disposable income and households daily challenged by the current circumstances. i had to leave you on something that is not very optimistic, but in looking toward the future, the near future, in terms of where we are, how confident are you that the congress and presidents ability to avoid a shutdown for the deadline, 70% of americans are not confident and that cuts across all political party identification and all demographic groups. they have very little confidence that they will make progress going forward on this. that has an impact not only on political attitudes but also consumer behavior. with that, we're going to show you a couple of vignettes to bring to life some of these numbers. thank you. [applause] ♪ >> i would consider myself to be middle
CSPAN
Dec 4, 2013 12:00pm EST
health care costs shows up in entire paychecks for workers and/or deficits the government. indeed, the cbo estimates that in the second decade the aca is in effect once it is in effect it will shave .5% of gdp off our deficit every year. which is about $80 billion each year in today's economy. "the new york times" reports this morning that the cost of the aca are heading in the other direction. so economic benefits are going up, costs are going down. now, how do we implement all these benefits to make sure they translate to better care for everyone? because it will allow -- as i said, millions of americans have been benefiting from them since 2010. what we have to do is keep spreading the word so america's know that these options are available to them. for americans without insurance are working to help them get covered. this is where much of the attention has been since october 1. the new health insurance marketplace will help ensure millions of hard-working americans find affordable health care. in states where governors and legislators, candidates and state-based workstations w
CSPAN
Dec 2, 2013 10:00pm EST
taking office, he faced a largest per capita deficit in the country. total debt of about $3.5 billion. before taking office, he did several terms as mayor of stanford, connecticut from 1995 to 2009. and what's particularly relevant today for this conversation is promising to make 2012 the year of education in connecticut. he tackled reform agenda and a state long been known for one of the nation's widest racial achievement gaps. and the governor took the lead of passing one of the nation's more dramatic education bills signed in maif of 2012. it was public act 12116 and act concerning education reform. some of the packages most significant features required a new teacher evaluation pilot in which 5% of the evaluation will be based on student learning. the governor's package created a commissioner's networking similar to the recovery school direct in louisiana. which is the ability to take authority over 25 of the state's lowest performing schools to date. 11 have been entered to the networking. and increased per pupil charter school funding to $10,500 in fiscal 2013. it will go to $11
CSPAN
Dec 2, 2013 10:00am EST
challenges that your country is, and we went through a strategic review several years ago and a deficit reduction action plan, all of which has decreased our budget by 10-15%. and and this has required all kinds of trade-offs along the way too. going forward and recently we just had the speech which indicates that the government is looking to refurbish their canada first defense strategy and in that way allows us to look at where we can invest in new areas. so there will be trade-offs to come certainly within a stable envelope of tight resources. >> okay. and then the last question i wanted to ask is on author rad. norad. and you mentioned in your comments that, expansion, if you will, into the maritime domain, i think there's a lot of interest, too, in cyber domain, and you did reference the author rad strategic -- norad strategic review that's underway. can you give us some insights into what the u.s. and canada are exploring into that strategic review and what types of changes we might expect to see come out of that? >> i know that the commander of norad who is not only the u.s. comm
Search Results 0 to 12 of about 13